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1 September 2026
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Elon Musk Targets Acquisition of SpaceX-Linked Optics Startup to Boost AI Infrastructure
Corporate Power

Elon Musk Targets Acquisition of SpaceX-Linked Optics Startup to Boost AI Infrastructure

Elon Musk seeks to acquire Mesh Optical Technologies, a SpaceX-founded optics startup, deepening his influence over AI data center components amid swift FTC antitrust scrutiny.

Morgan Stanley Surpasses 4,700 BTC in Expanding Institutional Crypto Exposure
Crypto & Fintech

Morgan Stanley Surpasses 4,700 BTC in Expanding Institutional Crypto Exposure

Morgan Stanley’s Bitcoin holdings have grown past 4,700 BTC, reflecting increased institutional commitment and signaling widening acceptance of digital assets among traditional finance firms.

Mortgage Rates Remain Stable Amid Inflation Concerns and Geopolitical Risks
Markets & Macro

Mortgage Rates Remain Stable Amid Inflation Concerns and Geopolitical Risks

Mortgage rates edged up slightly this week, staying near recent levels as inflation pressures persist and tensions in Iran affect global markets.

US Department of Energy Commits $17.5 Billion to Accelerate Nuclear Reactor Projects
Energy & Climate

US Department of Energy Commits $17.5 Billion to Accelerate Nuclear Reactor Projects

The US Department of Energy plans to provide $17.5 billion in loans to advance construction of 10 nuclear reactors, aiming to reduce build times by up to three years and support rising power demand.

Iran Claims Retaliatory Strikes on U.S. Targets Amid Renewed Tensions in Strait of Hormuz
Defense & Security

Iran Claims Retaliatory Strikes on U.S. Targets Amid Renewed Tensions in Strait of Hormuz

Iran announced strikes on U.S. interests after U.S. attacks on Iranian sites as clashes in the strategic Strait of Hormuz challenge a fragile ceasefire.

Meta pushes prediction market gambling to engage young adults across its platforms
Big Tech

Meta pushes prediction market gambling to engage young adults across its platforms

Meta CEO Mark Zuckerberg aims to integrate social betting features targeting 18- to 34-year-olds through a new app and existing services like Facebook and Messenger.

Tether’s USDT briefly surpasses Ethereum in market cap amid crypto sell-off
Crypto & Fintech

Tether’s USDT briefly surpasses Ethereum in market cap amid crypto sell-off

Tether’s USDT briefly overtook Ethereum in market capitalization during a recent crypto market downturn, reflecting increased investor caution and stablecoin demand.

Apple Seeks U.S. Approval to Source Memory Chips from Blacklisted Chinese Supplier
Trade & Tariffs

Apple Seeks U.S. Approval to Source Memory Chips from Blacklisted Chinese Supplier

Apple is lobbying the U.S. government for permission to purchase memory chips from ChangXin Memory Technologies despite its inclusion on a Pentagon blacklist amid escalating supply costs.

OpenAI Mulls Postponing IPO Following SpaceX Market Performance
Corporate Power

OpenAI Mulls Postponing IPO Following SpaceX Market Performance

OpenAI is reportedly considering delaying its initial public offering to next year after evaluating SpaceX’s recent stock market debut and its implications.

Apple hikes prices on Macs and iPads amid rising AI-driven component costs
Corporate Power

Apple hikes prices on Macs and iPads amid rising AI-driven component costs

Apple raised prices on multiple Macs, iPads, and home devices due to soaring AI-related memory and storage expenses, marking an unusual mid-cycle adjustment.